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Metlife (MET) Receives a Buy from Barclays

Tipranks - Tipranks - Thu Apr 9, 2:10AM CDT

Barclays analyst Alex Scott maintained a Buy rating on Metlife today and set a price target of $89.00.

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Scott covers the Financial sector, focusing on stocks such as Prudential Financial, Allstate, and Arthur J Gallagher & Co. According to TipRanks, Scott has an average return of 4.5% and a 47.04% success rate on recommended stocks.

In addition to Barclays, Metlife also received a Buy from Morgan Stanley’s Bob Huang in a report issued on April 6. However, on April 2, Piper Sandler maintained a Hold rating on Metlife (NYSE: MET).

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Based on Metlife’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $23.81 billion and a net profit of $809 million. In comparison, last year the company earned a revenue of $18.44 billion and had a net profit of $1.27 billion

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